"A report released on Wednesday by the Committee for a Responsible Federal Budget (CRFB) estimates that Democratic presidential nominee Joe Biden's proposed policies would increase taxes by about $4.3 trillion over 10 years while President Trump's would decrease tax revenue for the government by about $1.7 trillion, even as Biden's overall fiscal agenda would likely increase the federal deficit slightly more than Trump's.
The CRFB report notes that there is a wide disparity between the low- and high-end potential deficit effects of the Trump and Biden agendas, largely because of significant vagueness in both men's plans, especially Trump's
At the high end, Biden's policies could increase the federal deficit by $8.3 trillion over the next 10 years above what is projected under current law, while Trump's could boost the deficit by $6.85 trillion. On the low end, Trump is projected to raise the deficit by at least $700 billion while Biden, according to the CRFB, might decrease the federal deficit by $150 trillion if all of his spending meets low-end estimates and his taxes generate maximum income for the government. These estimates exclude one-time policies, CRFB said."
I could not resist the picture. Those are the Round Tops behind Biden. The idea of Draft Dodger Joe lecturing us at Gettysburg where over 50,000 Americans were casualties (KIA, WIA, POWs, and some just gone forever) is so ludicrous, so very ludicrous. His sign implies of course that the Southerners were Evil! Evil! My first outfit in the Regular United States Army was the 2nd Infantry Regiment. These Regulars fought in the Wheat Field. A battalion of them fought there. When it was over an observer said that you could tell who were Regulars. Their bodies lay in perfectly straight lines. They lay where they had fallen in the ranks because the tactics of the day demanded that the battalion fire in volleys virtually elbow to elbow.. What was that you said, Joe?
Yes, I know. Trump was also a draft dodger.
Pilgrims! Pay attention! We are talking about your money! This article is in some ways a reinforcement of the Evans-Pritchard article from the Telegraph. He wrote that Joe's madcap spending would lead to enormous growth in spite of massive deficit spending in all his plans. pl